CADE - Cadence Bancorporation

NYSE - Nasdaq Real Time Price. Currency in USD
19.99
-0.17 (-0.84%)
As of 12:14PM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close20.16
Open20.16
Bid19.97 x 1000
Ask19.98 x 800
Day's Range19.71 - 20.07
52 Week Range16.13 - 29.97
Volume391,703
Avg. Volume1,146,121
Market Cap2.574B
Beta (3Y Monthly)1.78
PE Ratio (TTM)10.37
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.70 (3.40%)
Ex-Dividend Date2019-05-30
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • Business Wire5 days ago

    Cadence Bancorporation Announces Pricing of $85 Million of 4.75% Fixed to Floating Rate Subordinated Notes Due 2029

    Cadence Bancorporation (CADE) today announced the pricing of its previously announced registered public offering of $85 million aggregate principal amount of 4.75% fixed to floating rate subordinated notes due 2029 (the “Notes”), pursuant to the shelf registration statement (File No. 333-225075) filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) on May 21, 2018. Cadence Bancorporation intends to use the net proceeds from this offering, together with cash on hand or other immediately available funds, to repay its 4.875% senior notes due June 28, 2019, or for general corporate purposes. Sandler O’Neill & Partners, L.P. and U.S. Bancorp Investments, Inc. are acting as book-running managers for the offering.

  • Business Wire5 days ago

    Cadence Bancorporation Announces Proposed Offering of Fixed to Floating Rate Subordinated Notes Due 2029

    Cadence Bancorporation (CADE) today announced the commencement of a registered public offering of fixed to floating rate subordinated notes due 2029 (the “Notes”), pursuant to the shelf registration statement (File No. 333-225075) filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) on May 21, 2018. Cadence Bancorporation intends to use the net proceeds from this offering, together with cash on hand or other immediately available funds, to repay its 4.875% senior notes due June 28, 2019, or for general corporate purposes. Sandler O’Neill & Partners, L.P. and U.S. Bancorp Investments, Inc. are acting as book-running managers for the offering.

  • Business Wire6 days ago

    KBW Adds Cadence Bancorporation to Nasdaq Regional Banking Index

    Cadence Bancorporation today announced that it has been added to the KBW Nasdaq Regional Banking Index as part of its second quarter 2019 index rebalancing.

  • Business Wire7 days ago

    Cadence Bank Receives Investment Grade Rating from S&P Global Ratings

    Cadence Bank today announced it has secured an investment grade credit rating from S&P Global Ratings, a Nationally Recognized Statistical Rating Organization. This rating is in addition to the Kroll Bond Rating Agency’s investment grade ratings Cadence received in 2014.

  • Business Wirelast month

    Cadence Bancorporation Holds Annual Meeting, Announces Re-Election and Election of Board Members

    Cadence Bancorporation (CADE) recently held its 2019 Annual Meeting of Stockholders at the Westin Galleria in Houston, Texas. It was announced that J. Richard Fredericks and Virginia A. Hepner were re-elected as Class II Directors to serve for three-year terms expiring at the 2022 Annual Meeting of Stockholders. In addition, Kathy Waller was elected to the board as a Class II Director to serve the same three-year term.

  • Business Wire2 months ago

    Cadence Bancorporation Declares Quarterly Cash Dividend

    The board of directors of Cadence Bancorporation today approved a quarterly cash dividend in the amount of $0.175 per share of outstanding common stock, representing an annualized dividend of $0.70 per share.

  • Business Wire2 months ago

    Cadence Bancorporation to Host Investor Day at New York Stock Exchange

    Cadence Bancorporation will host its 2019 Investor Day on Thursday, May 2 at the New York Stock Exchange.

  • Business Wire2 months ago

    Cadence Bancorporation Reports First Quarter 2019 Financial Results

    Cadence Bancorporation today announced net income for the quarter ended March 31, 2019 of $58.2 million, or $0.44 per diluted common share , compared to $32.3 million, or $0.39 per share for the quarter ended December 31, 2018, and $38.8 million or $0.46 per share for the quarter ended March 31, 2018.

  • Business Wire3 months ago

    Cadence Bancorporation to Host First Quarter 2019 Earnings Conference Call

    Cadence Bancorporation announced today that executive management will host a conference call to discuss first quarter 2019 results on Monday, April 29, 2019, at 12:00 p.m.

  • Cadence Bancorporation Nominates New Board Member
    Business Wire3 months ago

    Cadence Bancorporation Nominates New Board Member

    Cadence Bancorporation , a regional financial holding company, today announced that Kathy Waller has been nominated to join its board of directors for a three-year term beginning May 2019.

  • Business Wire4 months ago

    Cadence Bancorporation Announces Appointment of New Board Member

    Cadence Bancorporation , a regional financial holding company, today announced the appointment of Precious Williams Owodunni to its board of directors for a term that expires in 2021.

  • Business Wire4 months ago

    Cadence Bancorporation Announces 2019 Investor Day

    Cadence Bancorporation will host its 2019 Investor Day in New York on Thursday, May 2, 2019, featuring presentations and Q&A led by Paul B. Murphy, Jr., Chairman and Chief Executive Officer of Cadence Bancorporation, and other members of the company’s senior leadership team.

  • Business Wire5 months ago

    Cadence Bancorporation Reports Results for 2018 Driven by Record Revenue and Continued Balance Sheet Growth

    Cadence Bancorporation today announced net income for the year ended December 31, 2018 of $166.3 million, or $1.97 per diluted common share , compared to $102.4 million, or $1.25 per share for the year ended December 31, 2017.

  • Business Wire5 months ago

    Cadence Bank Offers Zero-Percent Interest Loans for Furloughed Federal Employees Impacted by Government Shutdown

    Cadence Bank is offering zero-percent interest consumer loans for furloughed federal employees impacted by the government shutdown, including men and women in the U.S. military, who reside within Cadence’s six-state footprint: Texas, Georgia, Alabama, Florida, Mississippi and Tennessee.

  • Business Wire6 months ago

    Cadence Bancorporation Announces Completion of Merger with State Bank Financial Corporation

    Cadence Bancorporation (CADE) (“Cadence”), the holding company of Cadence Bank, N.A. (“Cadence Bank”), today announced that it has completed its previously announced merger with State Bank Financial Corporation (STBZ) (“State Bank”), effective January 1, 2019. State Bank’s wholly owned subsidiary, State Bank and Trust Company, was merged into Cadence Bank, effective January 1, 2019, and its business will operate as “State Bank and Trust Company, a division of Cadence Bank, N.A.” until systems conversion, which is scheduled for February 2019.

  • Business Wire6 months ago

    Cadence Bancorporation to Host Fourth Quarter 2018 Earnings Conference Call

    Cadence Bancorporation announced today that executive management will host a conference call to discuss fourth quarter and full year 2018 results on Monday, January 28, 2019, at 12:00 p.m.

  • Business Wire6 months ago

    Cadence Bancorporation Announces Update to Merger with State Bank Financial Corporation

    Cadence Bancorporation (CADE) (“Cadence”) and State Bank Financial Corporation (STBZ) (“State Bank”) jointly announced that Cadence has exercised its right to increase the exchange ratio in accordance with the terms of the definitive merger agreement between Cadence and State Bank. State Bank shareholders will receive 1.271 shares of Cadence Class A common stock for each share of State Bank common stock. After closing, legacy Cadence and State Bank shareholders will collectively own approximately 63% and 37% of the combined company, respectively.

  • Business Wire7 months ago

    Cadence Bancorporation Receives Regulatory Approval for Merger with State Bank Financial Corporation and Share Repurchase Program

    Cadence Bancorporation (CADE) (“Cadence”) today announced that it has received regulatory approval from the Federal Reserve to complete its pending stock-for-stock transaction with State Bank Financial Corporation (“State Bank”), which will create a combined organization with $17 billion in assets, $13 billion in loans, $14 billion in deposits and approximately 98 branches serving Texas, Georgia, Florida, Alabama, Tennessee and Mississippi, based on the companies’ balance sheets as of September 30, 2018. “We are very pleased to announce that we have completed the last approval necessary to close the State Bank merger, and we plan to close the transaction on December 31,” said Paul B. Murphy, Jr., Chairman and CEO of Cadence Bancorporation.

  • Cadence Bancorporation Reports Third Quarter 2018 Results Driven by Strong Loan Growth, Record Revenue and Improved Efficiency
    Business Wire8 months ago

    Cadence Bancorporation Reports Third Quarter 2018 Results Driven by Strong Loan Growth, Record Revenue and Improved Efficiency

    Cadence Bancorporation today announced net income for the quarter ended September 30, 2018 of $47.1 million, or $0.56 per diluted common share , compared to $32.6 million, or $0.39 per share, in the third quarter of 2017 and $48.0 million, or $0.57 per share, in the second quarter of 2018.

  • Business Wire9 months ago

    Cadence Bancorporation to Host Third Quarter 2018 Earnings Conference Call

    Cadence Bancorporation announced today that executive management will host a conference call to discuss third quarter 2018 results on Monday, October 22, 2018, at 12:00 p.m.

  • Business Wire9 months ago

    Cadence Bancorporation Announces Pricing of Secondary Offering of Class A Common Stock

    Cadence Bancorporation (CADE) today announced the pricing of its previously announced registered public secondary offering of 12,099,757 shares of Class A common stock, or approximately 14.5% of Cadence Bancorporation’s outstanding Class A common stock, at a public offering price of $27.55 per share and a total offering size of $333 million, before deducting underwriting discounts and commissions and estimated offering expenses. The shares sold in the offering are being sold by certain selling stockholders named in the preliminary prospectus supplement filed in connection with the proposed offering. Cadence Bancorporation is not selling any shares of Class A common stock and will not receive any proceeds from the proposed offering.

  • Business Wire9 months ago

    Cadence Bancorporation Announces Proposed Secondary Offering of Class A Common Stock

    Cadence Bancorporation (CADE) today announced the commencement of a registered public secondary offering of 12,099,757 shares of Class A common stock, or approximately 14.5% of Cadence Bancorporation’s outstanding Class A common stock, pursuant to the shelf registration statement (File No. 333-225075) filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”) on May 21, 2018. The shares sold in the offering will be sold by certain selling stockholders named in the preliminary prospectus supplement filed in connection with the proposed offering, who received the shares of Class A common stock being sold in an in-kind distribution of 100% of the shares of Class A common stock held by Cadence Bancorp, LLC to its unitholders on September 10, 2018 (other than a de minimis number of shares of Class A common stock representing aggregate fractional shares in lieu of which unitholders are to receive cash).

  • Business Wire11 months ago

    Cadence Bancorporation Announces Pricing of Secondary Offering of Class A Common Stock by Cadence Bancorp, LLC

    Cadence Bancorporation (CADE) today announced the pricing of its previously announced registered public secondary offering. Cadence Bancorp, LLC will sell 12,500,000 shares of Cadence Bancorporation’s outstanding Class A common stock, or approximately 14.9% of Cadence Bancorporation’s outstanding Class A common stock, at a public offering price of $28.40 per share and a total offering size of $355 million, before deducting underwriting discounts and commissions and estimated offering expenses. Cadence Bancorporation is not selling any shares of Class A common stock and will not receive any proceeds from the proposed offering.

  • Business Wire11 months ago

    Cadence Bancorporation Announces Proposed Secondary Offering of Class A Common Stock by Cadence Bancorp, LLC

    Cadence Bancorporation (CADE) today announced the commencement of a registered public secondary offering of 12,500,000 shares of Class A common stock, or approximately 14.9% of Cadence Bancorporation’s outstanding Class A common stock. All of the shares sold in the offering will be sold by Cadence Bancorp, LLC. Upon completion of the offering, Cadence Bancorp, LLC will own approximately 25.9% of Cadence Bancorporation’s outstanding Class A common stock. Cadence Bancorporation is not selling any shares of Class A common stock and will not receive any proceeds from the proposed offering.

  • Business Wire11 months ago

    CORRECTING and REPLACING Cadence Bancorporation Reports Record Second Quarter 2018 Results and Increase in Quarterly Dividend

    Please replace the release with the following corrected version due to multiple numerical changes in the first table under "Highlights" and Table 8.